PNFC: Difference between revisions
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imported>Doug Williamson (Added definition from BofE webpage : http://www.bankofengland.co.uk/statistics/Pages/iadb/notesiadb/m4_sectoral.aspx) |
imported>Doug Williamson (Note distinction from OFCs.) |
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They are mainly public limited companies, private companies and partnerships where these are distinct from their owners and not owned by government. | They are mainly public limited companies, private companies and partnerships where these are distinct from their owners and not owned by government. | ||
OFCs are distinguished from monetary financial institutions and [[OFC]]s. | |||
Revision as of 18:28, 1 September 2015
Private Non-Financial Corporation, as defined by the Bank of England, are companies that produce goods and/or provide non-financial services.
They are mainly public limited companies, private companies and partnerships where these are distinct from their owners and not owned by government.
OFCs are distinguished from monetary financial institutions and OFCs.
